Markets

BEIJING: Electric vehicle maker Tesla, facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said. Tesla's change of strategy leading to more behind-the-scenes ...

SINGAPORE: Several businesses in the Novena area said sales have dipped in recent days as some customers choose to avoid malls close to Tan Tock Seng Hospital (TTSH) where Singapore's largest active COVID-19 cluster has emerged.   There are 35 cases linked to the cluster as of Monday (May 3). A...

Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed on Monday (May 3), ending the city's most pronounced period of recession in its modern history.

Australia on Monday said a Chinese company's controversial 99-year-lease on Darwin Port is under review and could be scrapped, opening a new point of friction in relations between Beijing and Canberra.

FOLLOWING DBS's robust Q1 earnings on record fee income and lower provisions, RHB and Jefferies are raising their target prices for the bank, citing strong business momentum and a high loan growth guide as reasons for the optimism on South-east Asia's largest bank.

TOKYO: Finance ministers and central bank governors from China, Japan and South Korea on Monday (May 3) vowed "targeted" measures for those countries most affected by the COVID-19 pandemic, and committed to foster fiscal and financial stability. In a joint statement issued after a virtual meeting ...

SYDNEY: Australian television and newspaper firm Seven West Media signed multi-year content deals with Facebook and Google as tough new media laws enabled the industry to secure new revenue sources and adapt to the Internet age. The top-rating free-to-air broadcaster and publisher of Perth city's ...

UOB Asset Management's (UOBAM) two China-focused funds - United China-A Shares Innovation Fund and United China-A Shares Consumption Upgrade Fund - have pulled in more than S$1 billion in assets under management (AUM) in less than two years.

SINGAPORE: Singapore Airlines Ltd said on Monday (May 3) it had raised about S$2 billion through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel. The airline said it would continue to explore other ways to raise ...

SINGAPORE: Cryptocurrency Ether hit a record high of US$3,017 on Monday (May 3), extending last week's rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the Ethereum blockchain network. Ether rose 2 per cent on the Bitstamp exchange to hit...